Menlo Ventures' 24-month comeback: Anthropic at $4B, then Lovable
FinanceYF5 · x · 2026-10-06
FinanceYF5 breaks down Menlo Ventures' turnaround: written off as an aging VC 24 months ago, it now ranks alongside Thrive, a16z, and Benchmark. The inflection came from backing Anthropic at a $4B valuation, followed by bets on Lovable, Higgsfield, and Legora — with a 7-point breakdown of how one bet compounds into brand momentum.
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